Today, Chief Deputy Whip Patrick McHenry (NC-10) released the following statement on House passage of the Conference Report to Accompany H.R. 1, the Tax Cuts and Jobs Act:

“Today the House voted to fix our nation’s broken tax code with passage of the Tax Cuts and Jobs Act. This vote fulfills our commitment to cut taxes on American families and provide American businesses with much-needed tax relief.

“This bill gives a $2,000 tax cut to an average family of four making $73,000 annually. It helps grow the American economy, which means more and better jobs. Small businesses will benefit from lower rates, while larger companies will be more competitive globally. I’m proud to support the passage of this bill and look forward to seeing President Trump sign this massive tax cut in to law."

NOTE: The Senate is expected to take up and pass the conference report on the Conference Report to Accompany H.R. 1, the Tax Cuts and Jobs Act Tuesday evening.